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Showing posts from March, 2017

Stamp duty on Share Certificates in Delhi

NOTE ON PAYMENT OF STAMP DUTY ON SHARE CERTIFICATES IN DELHI Definitions:       Ø       2(26) “stamp” means any mark, seal or endorsement and includes an adhesive or impressed stamp for the purpose of duty chargeable under the act. Ø   2(6) " Chargeable " means, as applied to an instrument executed or first executed after the commencement of this Act, chargeable under this Act, and, as applied to any other instrument, chargeable under the law in force in India when such instrument was executed or, where several persons executed the instrument at different times, first executed. Ø   2(12) " Executed " and " execution ", used with reference to instruments, mean "signed" and "signature". Ø   2(14) " Instrument " includes every document by which any right or liability is, or purports to be, created, transferred, limited, extended, extinguished or record. As per section 56 of the Companies Act, 2013 read